topic Re: Have the itch to app in Credit Cards

Have the itch to app

Anonymous — Thu, 16 Dec 2010 22:52:47 GMT

Man now that my EQ report is clean and the score is prime. I am really getting the itchy finger. I even froze Exp and TU. I was eyeing target and discover. Except theres a fraud alert on my reports. So pretty much has to be a manual review for any app? Forget the story behind the fraud alert.. its there and I wish it wasnt. Can't I get it removed?

Re: Have the itch to app

Anonymous — Thu, 16 Dec 2010 23:57:39 GMT

you can have it removed, but not necessary. I have a fraud alert on my reports as well. This is what I do, I apply online and I usually get the 3-5 message so I call in and tell the rep that I have a fraud alert on my report and got the 3-5 message & I believe it is due to my fraud alert she pulls it up and says yes that is why. They will ask me some verification questions and tell me whether or not I am approved. It didn't work for me one time and that was with my local bank.

Re: Have the itch to app

Anonymous — Fri, 17 Dec 2010 00:20:49 GMT

How do you get it removed?

Re: Have the itch to app

Anonymous — Fri, 17 Dec 2010 02:07:49 GMT

I certainly understand your itch to apply! I hope you'll snag up one or two prime cards through your EQ score. Then, however, stop and let those age for a year before you continue! It's better this way!

Re: Have the itch to app

Anonymous — Fri, 17 Dec 2010 03:55:24 GMT

You know what. Over all the excitement of having a high equifax score. I wasn't really thinking all too clearly. My amex account just reported so I'm taking a hit for a new account. Also my paypal and bestbuy cards are only at 5 months. I'd be stupid to apply right now IMO.

Guess I wasted money freezing those reports. Are freezes only good for a month?

I'm not going to app for anything for atleast 3 months. Maybe by then the fraud alert will fall off naturally.

Man I have to hold it steady. My eq score is good but Discover or even target could easily deny based on these new accounts.

Re: Have the itch to app

Anonymous — Fri, 17 Dec 2010 04:04:25 GMT

Just Do It !

Re: Have the itch to app

haulingthescoreup — Fri, 17 Dec 2010 04:11:35 GMT

Just don't!

You'll get better deals if you wait.

Re: Have the itch to app

Anonymous — Fri, 17 Dec 2010 04:17:42 GMT

@haulingthescoreup wrote:
Just don't!

You'll get better deals if you wait.

I think I will trust your council ;-) I don't think having all these new accounts is going to help me get approved. They need to age a bit more and in the mean time I will be working on that last little collection I have on exp and tu

Re: Have the itch to app

Anonymous — Fri, 17 Dec 2010 04:33:19 GMT

@Anonymous wrote:

@haulingthescoreup wrote:
Just don't!

You'll get better deals if you wait.
I think I will trust your council ;-) I don't think having all these new accounts is going to help me get approved. They need to age a bit more and in the mean time I will be working on that last little collection I have on exp and tu

Haha I was joking with you.

Re: Have the itch to app

RammaCredit — Fri, 17 Dec 2010 04:38:14 GMT

What accounts do you have and how long have you had them..I would at least do penfed with that EQ score. They are known to give out limits with like 20k on cc, I cant wait until I clean my EQ up. I'm already a Penfed member as soon as that score shoots up i'm apping.

Re: Have the itch to app

Anonymous — Fri, 17 Dec 2010 04:43:11 GMT

I agree. PenFed is definitely on my target list for next year.

Re: Have the itch to app

Anonymous — Fri, 17 Dec 2010 05:02:35 GMT

How am I supposed to do Penfed?

Re: Have the itch to app

haulingthescoreup — Fri, 17 Dec 2010 15:23:32 GMT

@Anonymous wrote:
How am I supposed to do Penfed?

Do you mean, how do you qualify? You have to join a qualifying organization, if you don't qualify in another way. American Red Cross and National Military Families Association are the easiest ways.

When you're ready to join PenFed, first do the qualifying bit, then call PenFed and join, then app for whatever. They pull Equifax when you first join (not later when you apply for a card or loan), and that pull is good for 60-90 days.

Don't join if you have high util, or a lot of inqs on Equifax, or a lot of new accounts. PenFed is particularly suspicious about people trying to get additional credit without reducing debt ("pyramiding debt.")

For other things that PenFed doesn't like, check out the PenFed approval thread.

Re: Have the itch to app

Anonymous — Fri, 17 Dec 2010 16:45:53 GMT

@haulingthescoreup wrote:

@Anonymous wrote:
How am I supposed to do Penfed?

Do you mean, how do you qualify? You have to join a qualifying organization, if you don't qualify in another way. American Red Cross and National Military Families Association are the easiest ways.

When you're ready to join PenFed, first do the qualifying bit, then call PenFed and join, then app for whatever. They pull Equifax when you first join (not later when you apply for a card or loan), and that pull is good for 60-90 days.

Don't join if you have high util, or a lot of inqs on Equifax, or a lot of new accounts. PenFed is particularly suspicious about people trying to get additional credit without reducing debt ("pyramiding debt.")

For other things that PenFed doesn't like, check out the PenFed approval thread.

Thank you haulingthescoreup,

You are so kind, no wonder why you are our leader :-) Hope u have a jolly Christmas

Re: Have the itch to app

BungalowMo — Fri, 17 Dec 2010 19:59:52 GMT

Check here & see if you're eligible for Nave Federal. They are a SWEET CU!!!

NFCU